Skeena Resources Limited (NYSE:SKE) Shares Bought by Raymond James & Associates

Raymond James & Associates lifted its holdings in Skeena Resources Limited (NYSE:SKE) by 54.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,367 shares of the company’s stock after purchasing an additional 48,728 shares during the quarter. Raymond James & Associates’ holdings in Skeena Resources were worth $675,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SKE. Barclays PLC acquired a new stake in shares of Skeena Resources in the 2nd quarter worth approximately $69,000. TD Asset Management Inc boosted its stake in Skeena Resources by 8.7% during the third quarter. TD Asset Management Inc now owns 67,882 shares of the company’s stock valued at $312,000 after buying an additional 5,418 shares in the last quarter. Deutsche Bank AG grew its holdings in Skeena Resources by 11.9% during the third quarter. Deutsche Bank AG now owns 242,298 shares of the company’s stock worth $1,115,000 after acquiring an additional 25,852 shares during the period. Intact Investment Management Inc. grew its holdings in Skeena Resources by 21.7% during the third quarter. Intact Investment Management Inc. now owns 526,475 shares of the company’s stock worth $2,407,000 after acquiring an additional 93,800 shares during the period. Finally, Mackenzie Financial Corp lifted its holdings in Skeena Resources by 0.5% in the 3rd quarter. Mackenzie Financial Corp now owns 612,018 shares of the company’s stock valued at $2,785,000 after acquiring an additional 3,270 shares during the last quarter. 45.15% of the stock is owned by institutional investors and hedge funds.

Skeena Resources Stock Performance

Shares of SKE opened at $4.64 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.86 and a quick ratio of 3.86. The firm’s 50 day moving average is $4.32 and its 200-day moving average is $4.28. Skeena Resources Limited has a 12-month low of $3.05 and a 12-month high of $7.65. The stock has a market capitalization of $419.27 million, a P/E ratio of -4.88 and a beta of 1.37.

Skeena Resources (NYSE:SKE) last issued its earnings results on Monday, April 1st. The company reported ($0.27) earnings per share for the quarter. Equities research analysts anticipate that Skeena Resources Limited will post -0.19 EPS for the current fiscal year.

Skeena Resources Profile

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.